Tires -R-Us began the month with 500 tires in inventory. At the end of the month they had 48 tires remaining. What percent of their beginnning inventory of tires did they have remaining at the end of the month?
To find the percent of the beginning inventory remaining at the end of the month, divide the number of tires remaining by the beginning inventory and multiply by 100.
Percentage of tires remaining = (Number of tires remaining / Beginning inventory) x 100
Percentage of tires remaining = (48 / 500) x 100
Percentage of tires remaining = 0.096 x 100
Percentage of tires remaining = 9.6%
Therefore, they had 9.6% of their beginning inventory of tires remaining at the end of the month.
To find the percentage of the beginning inventory of tires that remained at the end of the month, you can use the following formula:
Percentage = (Remaining Tires / Beginning Inventory) × 100
Let's calculate it step-by-step:
Step 1: Calculate the number of remaining tires
Remaining Tires = 48
Step 2: Calculate the beginning inventory of tires
Beginning Inventory = 500
Step 3: Calculate the percentage
Percentage = (48 / 500) × 100
Percentage = 0.096 × 100
Percentage = 9.6
Therefore, Tires -R-Us had 9.6% of their beginning inventory of tires remaining at the end of the month.